To perform an integrated audit, an auditor must evaluate management's assessment of internal control over financial reporting.

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To perform an integrated audit, an auditor must evaluate management's assessment of internal control over financial reporting. To accomplish this task, auditors evaluate management's process of identifying, documenting, and testing controls, including communication and remediation of identified deficiencies. Why do you believe that auditors should be required to make this evaluation if they also are required to assess the effectiveness of internal controls based on their own tests and assessments?

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Auditing Assurance And Risk

ISBN: 9780324313185

3rd Edition

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

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